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Introduction What is the Internet The cyberspace community

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Presentation on theme: "Introduction What is the Internet The cyberspace community"— Presentation transcript:

1 Introduction What is the Internet The cyberspace community
Security issues Traits of a networked economy

2 Traits of a Networked Economy
Creates value through gathering, synthesizing and distribution of information Strategy based on convergence of management of business and various technologies Complete in real time Low barriers to entry and low variable costs Organizes resources around demand side of business Manages relationships in screen-to-face interfaces Uses technology to measure/track customer behavior

3 Definition And Scope Of Electronic Commerce
Exchange of digitized information Technology enabled transactions Technology mediated transactions Intra- and inter-organizational activities

4 Classifying Electronic Commerce
Business-to-business (B2B) Business-to-consumer (B2C) Consumer-to-business (C2B) Consumer-to-consumer (C2C)

5 Electronic Commerce Objectives
Create brand awareness Sell products and services Create interest in and sales related to promotions Provide information Build loyalty Promote employment with the firm Provide information about the firm’s community service contributions

6 Structures Of Business Models
Revenue model Sales Transaction fees Subscription fees Advertising fees Affiliate fees Value Proposition Search and transaction efficiency Complementarities Lock-in Novelty

7 Internet Strategies Site design and layout
Taking orders and accepting payment

8 Benefits Of Electronic Commerce For Business And Consumers
International reach Cost reduction and supply chain improvements Improved customer communications and relations Availability of updated materials Ubiquity Instant delivery and confirmation

9 Electronic Marketing Strategies and Tactics
Search engine optimization Budgeting for online marketing © 2010 John Wiley & Sons, Inc.


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